It is Time to Buy Equiniti Group (LON:EQN), Goldman Sachs Says. Stock May Be Worth GBX 260.00

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Why Has Goldman Sachs Given Equiniti Group (LON:EQN) a GBX 260.00 Price Target

Analysts at Goldman Sachs have initiated coverage on shares of Equiniti Group (LON:EQN) in a recent research report revealed to investors and clients on 7 December. The brokerage set Buy rating on the 552.75M GBP market cap company.

Approximately 998,249 shares of stock traded hands. Equiniti Group PLC (LON:EQN) has risen 6.00% since November 7, 2015 and is uptrending. It has outperformed by 7.08% the S&P500.

It is Time to Buy Equiniti Group (LON:EQN), Goldman Sachs Says. Stock May Be Worth GBX 260.00

Equiniti Group plc is a provider of administration and payment services supported by technology platforms to a range of organizations. The company has a market cap of 552.75 million GBP. The Firm offers registration services, including bereavement services, firm secretarial and share registration; employee services, including employee share plans and flexible benefits, and investment services, including international payments and personal investments. It currently has negative earnings. It also offers pension solutions, including annuity administration, pension administration and pensioner payroll, and specialist business and technology services, including business process management, case management, customer tracing, information technology services, loan administration and software solutions.

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